Yes, another broker is about to stop providing trading services to its clients. This time it’s TR Binary Options, a company that has been around for approximately six years, which makes this quite a shock for the trading industry. Not only was this company known as an extremely reliable business partner, but they were also pioneers in many respects, including introduction of the 60-seconds trading mode. Because of all that, we think the fact that TR Binary Options is shutting down deserves an article of its own, so stick around and see if there is any new information we can offer you. Let’s go!

TR Binary Options is shutting down | Not much info

At the moment, we still don’t really know the reasons for this move. No regulatory body has said anything officially, and the broker is also very quiet. Usually, when something like this happens, there is more than just one reason for ceasing all business activities. It may be that some regulation problems caught up with TR, maybe they are not a profitable company anymore (like we often say, 2016 was really tough on some brokers) or simply the owners are not interested in this type of trading anymore. In short, we don’t know yet. The only thing we do know is that TR Binary Options is shutting down and that this decision is confirmed to be final. So, if you’re a client of this broker, what’s the alternative? Where do you turn next? Keep reading and find out!

TR Binary Options is shutting down | Alternative

If you want to continue trading, take a look at our 24option Review because this broker is probably the best substitution for TR Binary Options. Great platform, loads of assets and one of the safest trading environments in the world will make sure you enjoy yourself whenever you trade. As for TR Binary Options, the broker is scheduled to shut down in the first days of March 2017, so if you haven’t done so already, we recommend you wrap up your trades and do everything else that needs to be done. This is already a done deal, the decision has been made, which means there will be no sudden new developments. After six years in the industry, TR Binary Options is shutting down and will not reopen again.

TR Binary Options is shutting down | Conclusion

With that, we have reached the end of this article. The industry has lost a great broker, no doubt about that, because this company at its peak pushed the world of trading to new heights. Unfortunately, we don’t know much about the reasons for this move. In any case, whoever comes after them will have some pretty big shoes to fill. Still, we firmly believe there are many companies that can do it. We mentioned one of them in this very article. Good luck!

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